Revenue projections for the next fiscal year were adopted recently.
Legislative Appropriators adopted revenue projections at $2.067 billion for Fiscal Year 2023, which is more than $92 million higher than what was proposed by Gov. Kristi Noem in December, on a 14-3 vote.
With the revenue projections exceeding what was projected in December when Gov. Noem proposed a 6 percent increase in state aid for next year it should signal the increase remains in play for schools through Senate Bill 59, which awaits a hearing by the Joint Appropriations committee.
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